South Africa Financial News

23.01 / 13:19
Adoption regulation Luno Bitcoin Regulation advertisement Bitcoin new cryptocurrency South Africa adds new cryptocurrency standards to advertising code
South Africa’s Advertising Regulatory Board (ARB) has included a new clause for the cryptocurrency industry aimed at protecting consumers from unethical advertising.
23.01 / 09:15
UPS Career Discover State Street UK boss Cuan Coulter: How the demands of the job took a toll on my personal life
Cuan Coulter has risen up the ranks over his three decade career in finance to become UK head at mega-manager State Street. But it hasn't all be plain sailing. He tells Financial News how a tough travel schedule took its toll on his personal life, and how he finally built family time around his work.
22.01 / 06:23
business Blockchain education Binance Charity to provide over 30K Web3 scholarships in 2023
The philanthropic arm of Binance — Binance Charity — is set to fund 30,655 scholarships to students keen on forging out a career in Web3 in 2023.
18.01 / 17:41
regulation World Economic Forum Davos WEF 2023: CBDCs need to find a 'real problem' to solve, says SARB governor
South African Reserve Bank (SARB) governor Lesetja Kganyago highlighted issues surrounding the introduction of central bank digital currencies (CBDCs) at the World Economic Forum (WEF) 2023, held in Davos, Switzerland. 
17.01 / 18:11
business Funding Africa Web3 games publisher Carry1st raises $27M
Mobile games publisher Carry1st has closed a $27 million funding round to advance its publishing and digital content creation platform in Africa — a region its backers say is ripe for Web3 adoption.
13.01 / 00:27
business Europe Nigerian crypto exchange Roqqu receives European virtual currency license
Nigerian crypto exchange Roqqu was granted a virtual currency license for the European Economic Area, after two years waiting for the permission from regulatory authorities. The move allows the firm to operate in 30 countries and broaden its services within one of the world's largest crypto markets.
04.01 / 22:07
Government Asia Crypto regulation world: How laws for digital assets changed in 2022
Effective regulations are one of the key gateways to cryptocurrency’s mainstream adoption. Due to greater compliance, crypto businesses saw broader acceptance from regulators worldwide. While the crypto ecosystem was awarded countless operational licenses and exposure to new markets, the fall of Terraform Labs, FTX and Celsius, among others, had a negative impact on the industry's reputation with investors and regulators alike.
19.12 / 19:29
BLOCK Platform Bitcoin cricket Best Cricket Betting Sites & Sportsbooks 2023
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16.12 / 16:47
Binance Bitcoin Mazars Mazars halts work for crypto firms including Binance
Global accounting firm Mazars is pausing its work with all cryptocurrency clients worldwide, soon after it published several “proof of reserve reports” for digital-asset platforms.
16.12 / 14:09
business Adoption Report 5 key takeaways from Huobi 2022 crypto industry report
Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation - and the data shows.
16.12 / 00:43
business Stablecoin Polygon Backed Jewel Bank, Polygon to launch Bermuda's first USD-backed stablecoin
Institutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1 peg to the United States dollar, Jewel Bank founder and chairman Chance Barnett told Cointelegraph. 
13.12 / 01:11
BTC Binance Assurant Bitcoin reserves NOT audit Investors Not Satisfied with Binance’s Proof-of-Reserves Audit – Next Exchange to Collapse?
Binance’s proof-of-reserves audit has already raised red flags, with some experts claiming it is far from enough to satisfy worried users.
07.12 / 18:45
business Blockchain Binance Bitcoin Mazars reserves Mazars says users' BTC reserves on Binance are fully collateralized
According to a new document published on Dec. 7, South-African auditor Mazars confirmed that cryptocurrency exchange Binance possessed control over 575,742.42 of customers' Bitcoins (BTC) worth $9.7 billion at the time of publication. Through the process, Mazars stated that "Binance was 101% collateralized."
04.12 / 18:23
Football Theft South Africa: At least nine people dead in flash flood near Johannesburg
At least nine people have died in a flash flood in the Johannesburg metropolitan area, which was hit by heavy thunderstorms on Saturday. 
25.11 / 01:01
CBDC Adoption BIS report finds uneven progress, differing motivations in African CBDC adoption
Mobile money has been a strong competitor to central bank digital currency (CBDC) in Africa, but many of the continent’s central bankers have greater faith CBDC, according to a Bank for International Settlements (BIS) report published Nov. 24. African central bankers also saw greater utility in CBDC for implementing monetary policy than bankers in other parts of the world, according to the BIS.
25.11 / 01:01
regulation IMF IMF calls for tighter crypto regulation in Africa as the industry unfolds
The International Monetary Fund (IMF) is calling for increased regulation of Africa's crypto markets, one of the fastest-growing markets in the world, the global institution blog reported on Nov. 22. 
19.11 / 13:05
business cryptocurrency FTX Crash Warren Buffett's Berkshire warns about crypto website using its name
Berkshire Hathaway Inc (BRKa.N), run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name.
17.11 / 19:51
Ethereum Binance Bitfinex Bitcoin Binance Pay Deal News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
13.11 / 17:49
Bitcoin bitcoin beach How to build a Bitcoin Beach: Advice from the pros
How does one build a Bitcoin (BTC) community? How to start? Where to begin? And what are the best practices? 
07.11 / 19:55
Ethereum SEC Lightning Network Bitcoin Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
02.11 / 03:45
business Lightning Network Bitcoin South African grocery giant ‘Pick n Pay’ intends to accept Bitcoin in all stores nationwide
Pick n Pay, one of South Africa’s largest supermarket chains, is set to allow its customers to pay for items in all its stores using Bitcoin.

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